Arizona Senator Launches Bill to Make Bitcoin Legal Tender

A legislator successful the U.S. authorities of Arizona has introduced a acceptable of cryptocurrency bills, 1 of which seeks to marque bitcoin ineligible tender. “Centralized integer wealth controlled by the cardinal bankers is slavery. Decentralized bitcoin is freedom,” the lawmaker said.

Arizona Lawmaker Wants to Make Bitcoin Legal Tender

Arizona State Senator Wendy Rogers has introduced respective crypto-related bills, including 1 to marque bitcoin ineligible tender successful her state.

“Launched my crypto bills today,” Rogers tweeted Tuesday. The bills are co-sponsored by her authorities legislature Republican colleagues Jeff Weninger and J.D. Mesnard.

One of the bills proposes making bitcoin ineligible tender. The authorities defines the cryptocurrency arsenic “the decentralized, peer-to-peer integer currency successful which a grounds of transactions is maintained connected the bitcoin blockchain and caller units of currency are generated by the computational solution of mathematical problems and that operates independently of a cardinal bank.”

Another measure proposes allowing authorities agencies to participate “into an statement with a cryptocurrency issuer to supply a method to judge cryptocurrency arsenic a outgo method of fines, civilian penalties oregon different penalties, rent, rates, taxes, fees, charges, revenue, fiscal obligations, and peculiar assessments to wage immoderate magnitude owed to that bureau oregon this state.”

Bills introduced by Arizona Senator Wendy Rogers connected Tuesday including respective crypto-related bills. Source: Wendy Rogers

Rogers introduced a akin measure to marque bitcoin ineligible tender successful Arizona past twelvemonth but it was rapidly changeable down. She tweeted past April:

Centralized integer wealth controlled by the cardinal bankers is slavery. Decentralized bitcoin is freedom.

In September 2021, El Salvador became the archetypal state to follow bitcoin arsenic ineligible tender alongside the U.S. dollar. Since then, the country, led by the pro-bitcoin president Nayib Bukele, has purchased thousands of BTC for its treasury. Last November, Bukele announced that El Salvador is buying bitcoin each day.

Do you deliberation bitcoin volition go ineligible tender successful the U.S.? Let america cognize successful the comments conception below.

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